Sky Sports reveal what NUFC have said ‘this afternoon’ in new takeover update – Watch here

Keith Downie has provided a Monday afternoon ‘update’ on the takeover front during an appearance on Sky Sports in the last few moments.

After talks between Saudi Arabian sovereign wealth fund, Amanda Staveley (the broker of the deal) and Newcastle United were confirmed, Downie – Sky Sports’ North-East reporter – has suggested that the next few days will be ‘critical’.

He states that due diligence is at an ‘advanced stage’, but reveals that Newcastle’s stance this afternoon was that of slight surprise, with them questioning why details of a potential deal were leaked both A) on a matchday and B) if/when a deal is so close:

“The next few days are critical in terms of whether the deal will get over the line.

“Due diligence is at an advanced stage and if it comes off, this would be the biggest move into professional sport by Saudi Arabia so far.”

It does concern me slightly that there’s been leaks – Mike Ashley always said it’ll be announced out of the blue before rumours emerge if a takeover was ever going to happen – but should this really scupper a potential £340m deal?

They’ve clearly got the money to do a deal and Mike Ashley clearly (and finally) has an interested party that are capable of taking the club places, so this will be yet another test of his true colours.

If he really wants out, this is his chance.

(Fancy writing for us? Get in touch at [email protected] & we’ll get back to you!)

About Olly Hawkins

As a Junior Magpie since birth and season ticket holder, I eat, sleep and breathe all things NUFC! Here at the blog, I aim to bring you news, views, match reports and transfer exclusives as and when I get them.

7 thoughts on “Sky Sports reveal what NUFC have said ‘this afternoon’ in new takeover update – Watch here

  1. Dont believe anything from ASHLEY AND Co. We have hesrd it all before year after year.
    Just another ploy to get fans to buy season tickets for next year.

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  2. Stand up M ASHLEY, TURN ROUND , DROP YOUR TROUSERS AND BEND OVER THEN AS USUAL EVERYONE WILL KNOW WHERE YOU ARE TALKING FROM.

    SAME THING EVERY YEAR TO GET FANS TO BUY TICKETS FOR NEXT SEASON.

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  3. Will find out friday if this is A FAKEOVER in order to sell more season tickets.

    Im sure I know the answer and Olly and the media gang can move along with the circus.

    Tired of the copy and paste exercise, its wearing thin. 😡

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  4. SKY SPORTS “NEWS”? Or Ashley’s PR firm? Same **** every transfer window and same result, yet the biggest player in football never ever queries this ****, astonishing! (Hope ya tracksuits fit, you’ve earned them)

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